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Gambling: Betting On Twitter
According to a report in Brand Republic, a bunch of geeks in southern California has come up with a new form of gambling on the abbreviated social networking site Twitter.com. It doesn't involve hard cash, but wagering your Twitter "followers".
The initiative is described as "experimental" but may already be in conflict with the ground rules on which Twitter functions.
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The premise is that the Twitter fan base constitutes social currency, allowing those who have followers to wager up to five followers per match. Those that win gain more followers, and conversely those that lose will shed followers. Twitter users compete in a series of different rounds, playing first against @BetYerFollowers and then against other willing participants. As well as gaining new followers, winners also collect points, allowing them to progress to new levels.
"As Twitter grows, we've watched the race to accrue followers become a strange obsession," said the founders in a letter to Twitter. "Whenever a sizeable group believes something to be sacred, it historically falls to artists, scientists, and hackers to question and play with that assumption. It is in this curious spirit that we created Bet Your Followers."
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Gambling News :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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